40 OCEAN
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Location
40 OCEAN
Mblu
05/ / 104/ /
Acct#
161315
Owner
PAYNE CAROLE
Total Market Value
$1,388,500
Appraisal
$1,388,500
PID
459
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$415,200$973,300$1,388,500
Assessment
Valuation YearImprovementsLandTotal
2025$415,200$973,300$1,388,500

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerPAYNE CAROLE
Co-Owner
AddressPO BOX 252
BLOCK ISLAND, RI 02807
Sale Price$0
Certificate
Book & Page 0417/0300
Sale Date03/09/2010

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
PAYNE CAROLE$0 0417/030003/09/2010
PAYNE, FRANK C JR TRUST$0 0118/000908/01/1990

Building Information
Building 1 : Section 1
Year Built: 2010
Living Area: 192
Replacement Cost: $13,038
Building Percent Good: 71
Replacement Cost
Less Depreciation:
$9,300
Building Attributes
FieldDescription
Style:Store
ModelCommercial
GradeLow Cost
Stories:1 Story
Occupancy1.00
Ext Wall 1Wood on Sheath
Exterior Wall 2 
Roof StructureShed
Roof CoverRolled Compos
Interior Wall 1Wall Brd/Wood
Interior Wall 2 
Interior Floor 1Minimum/Plywd
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseSMALL BUS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height7.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 192 192
WDKDeck, Wood 48 0
   240 192

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code333C
DescriptionLG BUS MDL 94  
ZoneNHC
Neighborhood6000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.50
Frontage
Depth
Total Market Land$973,300
Appraised Value$973,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
DCK2COM WD  248.00 S.F.$10,0001
SHD4COMM MTL  160.00 S.F.$1,2001
PAT1PATIO-AVG  532.00 S.F.$2,7001
DCK3COM WHARF  3136.00 S.F.$392,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$415,200$973,300$1,388,500
2024$414,400$898,200$1,312,600
2023$415,300$898,200$1,313,500

Assessment
Valuation YearImprovementsLandTotal
2025$415,200$973,300$1,388,500
2024$414,400$898,200$1,312,600
2023$415,300$898,200$1,313,500

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